NFL players and their families typically live in one of four main cities: Los Angeles, Dallas, Denver, and New York.
That’s how it’s been for decades, until the recent move by NFL Commissioner Roger Goodell to change that.
The NFL’s real estate team has analyzed and mapped out the typical real estate market for players and families in the six cities the league uses as home bases, and the results are staggering.
In the past two years, the team has found the average price for a one-bedroom in Los Angeles jumped by 7% to $8,000.
The average price in Denver rose by 4% to about $4,500.
The median price in Dallas rose by 11% to around $6,000 and in New York by 11%.
For the first time in history, the average prices in Dallas, New York, and Los Angeles have more than doubled.
In Denver, prices are up 11% and the median price has more than tripled.
In New York City, the median one-bed price has jumped by 18% in the past year, while prices for apartments have risen an astounding 40%.
In Denver and Dallas, the increase in median prices is even greater: 23%.
In New Orleans, the first city in the NFL to move its stadiums to a public plaza in 2020, the price of a one bedroom in a two-bedroom unit increased by 21% over the past 12 months, while the average rent in a one bed jumped 27% to almost $2,000, according to the team.
In San Francisco, the one- and two-bed average rents increased by 10% and 13% respectively.
In Cleveland, average prices rose 6% in a year to about over $2.5 million, while in Philadelphia, the prices for condos and one bedroom apartments increased 9% and 9% respectively, the NFL said.
The team also analyzed and compared the median sales price of new and used homes in the city.
In a statement, the league said that the findings are based on a team analysis of data collected by agents, brokerages, and real estate agents nationwide.
“As we move to a more connected world, we are investing more and more in our ability to understand the needs of our players and fans, and we are constantly updating our game plan to meet those needs,” NFL Vice President of Sports Business Development David Bailes said in a statement.
“Our goal is to make our fans’ experiences as safe and enjoyable as possible, so they can continue to watch, learn and play.”
According to the NFL, its team of agents has about 3,500 agents and brokers in nearly 300 markets.
That number is growing by about 1,000 agents each week, with about 30% of the agents actively working with NFL teams.
The NFL is currently looking for more than a thousand agents.
In addition to the numbers from the league, the real estate experts analyzed the average home prices for NFL players, their families, and agents to see what they looked like.
They also used data from Zillow and RealCafe.com to see how the league has increased or decreased its use of agents in the market.
The average home price for NFL NFL players in 2018 was $1.8 million.
According to the average of all homes for the past decade, that is up 6.5% from $1,544,000 in 2018 to $1 and a third more than the $1 million average for all households.
The typical price of the one bedroom of a two bedroom apartment in Los Angels was $3,400.
In Dallas it was $4 a square foot, and in Denver it was nearly $6.
That is an increase of 9% from the year before.
In San Francisco it was just over $3.
In Cleveland it was a whopping $6 a square feet.
In New Orleans it was about $8 a square, and it was almost $12 a square in San Diego.
In Denver it is now almost $7 a square.
In Los Angeles it is about $10.
In Houston it is over $13.
In Philadelphia it is $12.
In Dallas it is almost $13 a square now.
In Seattle it is a quarter of a million a square inch.
In Minneapolis it is under $14 a square today.
In Houston it’s $15 a square a year ago.
In Detroit it is nearly $18 a square this year.
In Philadelphia it’s almost $20 a square year ago, and then it’s now about $24 a square per year.
In Chicago it’s about $25 a square right now.
In Washington, D.C., it is still about $26 a square but the average for a two bed apartment in 2017 was $9,000 a square compared to the $15,000 average in 2016.
In the Dallas area, prices have grown by about 20% over that same time period